Business Analyst
About the job
- A bachelor's degree in Finance, Accounting, Economics, Property, or a related discipline.
- Five to eight years of relevant experience in business analysis, financial analysis, leasing operations, or commercial reporting.
- A strong understanding of budgeting, forecasting, financial analysis, and business performance reporting.
- Strong analytical skills and the ability to translate data into meaningful business insights and recommendations.
- Proficiency in Microsoft Excel, PowerPoint, business writing, and business intelligence tools.
- A proactive and collaborative approach, with good communication and stakeholder management skills.
- Lead analysis of leasing income, rental performance, lease terms, vacancy, capital expenditure contributions, and related operating costs to provide a clear view of commercial performance.
- Own development of leasing income forecasts, budgets, and financial projections for existing and future Meeting Places, ensuring assumptions are aligned, transparent, and commercially sound.
- Steer regular commercial and leasing performance reviews by identifying emerging trends, risks, opportunities, and performance gaps, and translating them into clear priorities and actions.
- Prepare decision-ready reports, financial analyses, and presentations that provide management and commercial teams with clear insights, implications, and recommended actions.
- Act as a trusted business partner by challenging assumptions and providing fact-based insights and recommendations to improve leasing and wider business decisions.
- Coordinate income planning, target setting, forecasting, and performance follow-up across the portfolio, providing clarity on assumptions, accountabilities, and required actions.
- Collaborate with Commercial, Finance, Operations, Development, and Centre Management teams to align priorities, strengthen information quality, and establish consistent ways of working.
- Drive continuous improvement of business analysis, reporting tools, governance routines, and ways of working to enable faster, more consistent, and better-informed decision-making.
About the company
Ikano Retail is part of Ikano Group, an international company network with about 8,000 employees across 11 countries. It operates in real estate, production, insurance, data analytics and retail, and focuses on making everyday life easier by providing relevant, affordable, and sustainable solutions built on fair terms. The company works by developing and delivering services and products across its diverse businesses to meet people’s needs and simplify their lives. What sets Ikano apart from competitors is its family-owned heritage (owned by the Kamprad family) and its broad, multi-sector approach that ties real estate, manufacturing, finance, data analytics and retail together under a shared mission, aiming for long-term sustainability rather than a single-product focus. Ikano’s goal is to create possibilities for better living for many people through collaboration and fair, affordable, sustainable solutions.
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
Luxembourg
Founded
1988
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Simplify's Take
What believers are saying
- FY25 report on December 18, 2025 cited record visitation and record Philippines sales.
- March 31, 2026 dining hubs at IPC and Toppen add 71,000 square feet.
- IKEA Chiang Mai Order Point and Mexico expansion keep opening new demand capture points.
What critics are saying
- Ikano Insight closed April 9, 2026 after weak viability and intense competition.
- Retail formats face IKEA and marketplace competition, compressing traffic and margins by 2027.
- Parent complexity spans banking, property, and retail, distracting management from execution.
What makes Ikano Retail unique
- IKEA-anchored omnichannel retail model across stores, centres, and order points.
- Ikano Centres mixes shopping, dining, and leasing, deepening dwell time and tenant density.
- Local-market expansion in Mexico, Thailand, Malaysia, Singapore, and the Philippines diversifies revenue.
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Benefits
- Health Insurance
- Dental Insurance
- Paid Vacation
- Parental Leave
- Employee Discounts
- Meal Benefits
- Performance Bonus
- Training Programs